Dubai Internet City 201, Building EIB -4 (BT Building) P.O. Box 500606
Phone Number: +962 6 5826097
Press 4 for Vendors Relations
Press 3 for Merchants Relations
working hours are from: 7 AM – 4 PM GMT, Sunday to Thursday.
Cashu is without any doubt one of the most popular payment methods currently available.
Most Brokers today have this payment solution as every broker also aims, (for at least some part) for the Arabic market they simply cannot afford not to offer this payment method.
In 2002 Cashu was created as a financial system under the flag of Maktoob which is now Yahoo. It gained traction mainly in the Middle East and northern African countries after some time also more people in Eastern Europe started to use it. And now since they have been in the market for a long period they have a solid reputation and the proper security in place to make it one of the easiest payment methods out there.
This increase in popularity was due to the fact that on their interface you had and have the possibility to perform transactions using many different currencies from around the globe making your actual location not an issue.
Still like most payment method the default currency is the Dollar.
It is a prepaid card so regardless of your credit you would be able to access and work with your card. This is important for those that want to trade and make a deposit at the end of the month and still have funds on the card but not on their banks.
Some additional advantages are:
â€¢ You do not have to give all your personal information like name and address etc.
â€¢ You are able to purchase a fix value card for a specific amount. From a security point of view this is handy as the amount is all what you are able to loose in case your card got hacked or stolen.
But Keep in mind this card is not free they charge a hefty commission and transaction cost for your money transfer , this is something you should keep into account when you want to use Cashu